Bonds payable issued with collateral are called:

Name: Bonds payable issued with collateral are called:
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Bonds payable issued with collateral are called secured bonds. The collateral provides an added layer of security for the bondholder, as it serves as a form of guarantee that the bond issuer will repay the bond at maturity. Secured bonds are considered less risky than unsecured bonds, as the collateral can be seized by the bondholder in the event of default.

Bonds Payable Issued with Collateral Are Called